Positive Pay Services

Fraud prevention is a top priority for businesses, and First Federal’s Positive Pay service provides an added layer of security to protect your accounts from unauthorized transactions. With Positive Pay, you maintain control over payments, reducing the risk of check and ACH fraud.

How Positive Pay Works

Positive Pay is an automated fraud detection tool that helps ensure only authorized payments are processed.

• Check Positive Pay: Upload a list of checks you've issued, and we'll compare it against checks presented for payment. Any discrepancies will be flagged for your review.
• ACH Positive Pay: Set up custom filters and block unauthorized electronic withdrawals, ensuring only approved ACH transactions are processed.

To sign-up for Positive Pay, please contact the Treasury Management Services Team or visit your local branch.

Branch Locations

Benefits of Positive Pay 

• Helps protect your account(s) from check and ACH fraud by detecting fraudulent transactions before they clear.
• Maintain control by approving or rejecting flagged transactions in real time.
• Detects and returns unauthorized checks in accordance with federal regulation timelines.
• Atomated monitoring of your outstanding checks, paid items, stop payments, etc. to help streamline your reconciliation process.
• Detects stale-dated checks.
• Allows the bank to identify potentially fraudulent checks.